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China, Saudi Arabia Ink Local Currency Swap Agreement
The People's Bank of China and the Saudi Central Bank recently signed a local currency swap agreement worth 50 billion yuan ($6.93 billion) or 26 billion Saudi riyals, both banks said on Monday, as bilateral relations continued to gather momentum, according ...

Rupee Opens Lower At 68.99
In Wednesday's trade, rupee opened lowered with a loss of 13 paise against yesterday's close of 68.86 the dollar. The drop has come even after the RBI on Tuesday completed the forex swap deal that is aimed at improving liquidity condition ...
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